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Property profile & analytics
OFF-MARKET
Office buildings
1509 Opdyke Rd, Auburn Hills, MI 48326-2654
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0028128
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Total area
1,502 SF
Lot
0.21 ac (9,148 SF)
Zoning code
B-2
APN
02-14-14-352-010
UPID
US43-0028128
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mid-American Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mastered By Design LLC · 4 yrs held
Mastered By Design LLC
since 2021
Last sale
$170,000
7 recorded transactions
Zoning & alternative use
B-2 · Auburn Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Auburn Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,170
Tax year 2023
Assessed value
$93,940
Assessed 2024
Previous assessed
$102,730
-8.6% YoY
Effective rate
6.57%
On assessed value
Total market value
$187,880
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1953
Heating
YES
Stories
2
Units
1
Total area
1,502 SF
Lot
0.21 ac (9,148 SF)
Zoning code
B-2
APN
02-14-14-352-010
UPID
US43-0028128
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Auburn Hills, MI
Zoning B-2 · permitted uses
B-2 · Auburn Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Heating
YES
Stories
2
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Mastered By Design LLC
Entity
Mailing address
1635 PR DR, PONTIAC, MI 48340-1085
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2021
$170,000
Mastered By Design LLC
Chaptini Rentals LLC
Warranty Deed
$50,000 · The Huntington National Bank
Aug 21, 2015
—
Chaptini Rentals LLC
Chaptini J T Living Trust
Quit Claim Deed
related
—
Mar 4, 2015
$180,000
Chaptini,jacques Trust
Cummings Scott & Renee
Warranty Deed
—
May 25, 2004
$223,000
Scott Cummings
Sheak,phillip J
Warranty Deed
$178,400 · Comerica Bank
May 24, 2004
$223,000
Scott Summings
Sheak,phillip J & Rebecca A
Grant Deed
$178,400 · Comerica Bank
Mar 24, 1999
$165,000
Phillip J Sheak
Hepp,vincent J
Grant Deed
$132,000 · National City Bank Michigan
Jan 4, 1999
$120,000
Vincent J Hepp
Bastian,jeffrey L
Grant Deed
—
—
—
Vincent J Hepp
—
Deed Of Trust
related
$5,900 · Individual
—
—
Vincent J Hepp
—
Deed Of Trust
related
—
—
—
Scott E Cummings
—
Deed Of Trust
related
$200,000 · Citizens Federal Bank Fsb
—
—
Scott E Cummings
—
Deed Of Trust
related
$52,000 · Citizens Federal Bank Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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